Cleveland-Cliffs (CLF) Gross Margin (2009 - 2026)
Cleveland-Cliffs (CLF) reported Gross Margin of 8.29% for Q3 2026, up 9.26 percentage points from -0.97% a year earlier and up 5.76 percentage points from the prior quarter.
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Cleveland-Cliffs (CLF) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Cleveland-Cliffs' Gross Margin came in at 1.54%, up 6.52 percentage points year-over-year; for FY2025, it was -4.62%, down 4.95 percentage points from FY2024.
- Gross Margin has declined for four consecutive years, with a five-year change of -9.33 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 0.33% in FY2024 (-5.91 pp), 6.24% in FY2023 (-4.71 pp), 10.95% in FY2022 (-11.22 pp) and 22.18% in FY2021 (+17.47 pp).
- The Q3 2026 figure ranks as the highest quarterly Gross Margin since Q3 2023.
- Year over year, Gross Margin has now increased in each of the last five quarters, with an average year-over-year change of -0.61 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 13.86 percentage points); the low point was Q4 2022 (a drop of 25.02 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.53% (Q2 2026), -1.67% (Q1 2026) and -4.78% (Q4 2025).
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Cleveland-Cliffs Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();